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Search Results 0 to 14 of about 15 (some duplicates have been removed)
object, or have mitch mcconnell say i object. harry reid says, oh, well, we move on to the next thing and that's the end of it. >> that's the way they do it. they double track it. they say we'll talk about other business now. what do you think is going to be the way the senate decides this? will it be partisan whether they decide to go to a real filibuster, you go to the mattresses, you stay up all night and force quorum calls over and over again? or they give up on change? what do you think is going to be the politics of this? >> the politics right now is mitch mcconnell is absolutely opposing any change in the rules because he has the advantage of paralyzing the senate with no public accountability. the talking filibuster forces his process to be done before the american people, and i think he realizes the american people are not going to like what they see. and yet that's where it should be. if you don't have the courage of your convictions to stand before the american people and say, i am obstructing this bill and here is why, then, in fact, you should shut up, sit down, and let t
president obama spoke with the house speaker boehner and the senate majority leader harry reid over the weekend. still, concerns of the crisis and the european debt crisis sent stocks down but not precipitously but down. we are seeing signs of progress in washington, dc, with rare bipartisan consensus on raising taxes on the wealthy but they remain at odds over the specifics. in other words, exactly highway do you do it. and mike emanuel is live on capitol hill. the white house is expressing putting pressure on congress. >>reporter: a report on the impact if the bush tax cuts are not extended. the study says the typical middle class family will see taxes go up by $2,200 next year affecting businesses and retailers. the argument is the families will spend less and it will hurt the economy. >> you can see it across housing, and services, and things like paying for cell phone, groceries, durable goods, auto purchases. evidence like this is a reason why retailers are so concerned that congress has not yet extended the middle-class tax cuts. >>reporter: and carney noted the president spo
harry reid and mitch mcconnell sent stocks to session lows. this morning we look to open to the downside. implied open down 25. s&p looking to lose five. beige book home sales ahead. as for picture in europe, a bailout for four spanish banks getting approval from the eu. still stocks are down. italy down by almost one full percentage point. road map for the morning starts off with the fiscal cliff. the president meeting with more ceos today bringing his plan straight to the people culminating in an appearance in a factory later this week. >> costco joins the dividend parting initiating a $7 a share payout on top of the regular dividend. >> and a shake-up at groupon. the board may be considering co-founder being released. >> there's powerball fever. 500 million big ones in the pot. how would you spend the money and how does the fiscal cliff factor in? we'll talk strategy with a former lottery winner. >> we begin with the fiscal cliff. this afternoon president obama is scheduled to meet with several business leaders including ceos of home depot, macy's, caterpillar and at&t but futures are
john boehner and the senate majority leader harry reid over the weekend. and the president is confident they can work out some sort of agreement. mike emanuel on fox top story live in the d.c. newsroom tonight. mike, it looks like some republicans are changing their tunes. >> shep, republicans say they favor both major spending cuts and additional revenue from tax reform with lower tax rates. the pledge you mentioned is identified with americans for tax reforms grover norquist who has gotten many republicans to promise they won't vote to raise taxes. south carolina senator lindsey graham is pushing back saying capping deductions would help generate revenue. the top republic on the senate budget committee explained graham's position. >> he is conditioning any tax increase on fixing these programs, social security and medicare, particularly in making sure that they are sound for the future. so that's lindsey's position. and he has talked about accepting revenue to accomplish that goal. >> republicans continue saying they don't want to increase tax rates arguing that will hurt job growth.
is accused of assuming the powers of a dictator. reports from holly williams in cairo and chip reid at the white house. on this black friday, are the
-panthers, philadelphia. >> how about that monday-nighter? >> i know. i just continue to worry about andy reid because he looks so pathetic. >> yeah, it's been a very rough year for the eagles and their head coach andy reid. a lot of folks are calling for his head. this team lost six in a row, the most since before he took over. but while a lot of people want him fired right now, i think you have to look at the body of work, carol, for him. six division titles, he won an nfc championship game, winningest coach ever in philadelphia. and i think a little respect, too, for reid as a person who lost his son earlier in the season. you could make a change with this eagles' team, a lot of injuries, including michael vick. but a lot of people also believe that an interim coach in the middle of a year doesn't always translate into immediately turning things around. so i believe, like a lot of people, that reid will be gone, but it won't happen probably until the end of the year. >> vince chelani from bleacher report, thank you so much. >> don't forget, go to bleacherreport.com. carol, good to see you. >> i'm goin
-- no, and reid is right behind and denver is up by 6. they outscored them in the second quarter. clay thompson all of his 16 points in the first half. warriors up 6 at the break. nuggets piling on andre iguodala he had a game high and he can dunk big. jeff curry a non-factor and in foul trouble. warriors in minnesota tonight. >> semifinals in anaheim, against pacific. the tigers upset xavier in the opener. driving and scoring two of his 18. tigers are too much. they shoot 53% from the field. he had 18 and gales first off the year, 76-66. >> stanford, winners. as for the football team the formula is simple, beat ucla at rose bowl in pac-12 champs. bruins coming off a huge win. they cinched eight week saturday. the irony should stanford beat ucla the two teams would play again in the pac-12 championship game this friday. >> that is down the road. this is one week of practice in one game. after that, great. we'll be prepared for that. >> i'm counting our teams maturity. all year long we've talked about last week's game doesn't help this weeks game. >> we finished the game on a high and h
in washington. the white house says the president did speak with speaker boehner and senator reid over the weekend to touch base on this very issue. as one republican aide put it to cnn, the fact that they are still talking is progress. but a democratic aide said they don't have staff had you hadling in a room going over spreadsheets which is where they need to get to hammer out a deal. what they're doing now is they're at the dancing stage of this negotiation. >> a lot of folks are saying it's not the republicans in the senate so much will be the problem for the obama administration, but republicans in the house of representatives, especially those from the tea party movement and others will be a serious problem. >> what was an important group of republicans during the debt ceiling debate while this election has changed the arithmet arithmet arithmetic, republicans in the house will be key to this negotiation. the two men that need to hammer out this deal, just like it was over the summer, is still president obama and spooeseaker boehner. >> i don't think there's any doubt the preside
of taxes. and also stuck on the issue of entitlements. we had harry reid come out and basically say he wasn't open to reforming especially social security. so there's a big question mark about how they're going to move forward. remember, these are sort of their opening bids. presumably there is room for some sort of movement on either side. in terms of getting a deal done by the first of the year, i think there's a lot of pressure on both sides to try to get something done here. you remember the debt ceiling debate. after that sort of knockdown dragout fight, congress had its lowest approval ratings in history. they know they need to get something done. remember, if they don't get something done before the first of the year, it could have serious consequences on the economy. >> i want to ask you both to weigh in on this question. kristen, you do the political angle and neil you give me the nuts and bolts. yesterday john boehner wrote an op-ed calling for the health care law to be part of the negotiations, he wrote in part the president's health care law at the massive, expensive, unworkable
show any flexibility at all at curtailing medicare spending, period? harry reid has already said social security is off the table. we're not touching social security. that's not a story? no. it really wasn't. that was basically uncovered by the networks. but the debate now is entitlements and that is getting almost no attention. >> steve: in the meantime, you look at the stuff and it looks like the main stream media essentially acting as a negotiator on behalf of the white house. republicans need to cave. don't think of it that way. think of compromise because that at thend of the day, both parties will give up something. >> sure. and by the way, let me to be totally honest, republicans have already caved. they've already fallen for it, right? they've already been pushed into, you watched the sunday shows, attacking grover norquist, as if that's the point. it's not. so the press has cowed republicans to do their bidding and in effect, doing the white house's bidding. but again, the real story is going unanded and that is will harry reid and the democrats in the house, led by nancy pelos
that's caused significant gridlock in the past, senate majority leader harry reid thinks a deal can be done by mid december, well ahead of the deadline. >> we have the cornerstone of being able to work something out. we're both going to have to give up some of the things that we to are a problem and so, it's like when we arrive at a point where we all know something has to be done. there's no more let's do it some other time. >> right now, there's some outside pressure on congressional negotiators to raise the 18.4 cent per gallon federal gasoline tax, something that's being pushed by state highway officials and road builders across america. casinos are also pushing to get language legalizing online poker into a deal and governors hit hard by superstorm sandy or wanting more if federal aid to come to them through a potential deal. whatever agreement it made to avoid the fiscal cliff, it's going to be worth a lot of money and now is the time that groups are stepping up to see if they can get in on some of that. >> all right, everyone wants a little piece of the action and everyone wa
. there is a theory -- patty murray is a prominent democrat. doesn't have the name recognition of harry reid. she clearly says if we don't get what we want, let's go over the cliff. this is the most important part. we talk about the fiscal cliff and recession. this is not as if a fire and brimstone will ring down on the earth on january 1st. slow and steady decline. when i tell people i expect us to breach this and go into the new year, i don't think that this is going to be the power goes out on january 1st. there will be a debate and slope. if you resolve this in a week or week and a half or two weeks, not much will happen economically speaking. the economy will not fold in on itself and we'll have this conversation eating spam in cave in the woods. >> that's good to know. he may be judging from what his weekends are like. >> that's an official view. >> where's the love? happy holidays to everybody. >> spam is not good. >> it's delicious. >> dan, thanks for stopping by. sears, kmart, walmart, best buy adding last-minute deals to sales list for black friday shoppers. find out what the deals are
the table for these negotiations this year and that top senate democrat harry reid agreed with that. but republicans say that all entitlements, medicare, medicaid, and social security should be part of these negotiations, be part of this discussion. >> you've got to reform entitlement programs. it's got to be on the able. so far the president has beenen willing to lead on that issue. >> and as steve was saying, ceo's of major businesses will be at the white house today, goldman sachs, cater pillar, macy's and others, will be talking fiscal cliff with the president and a couple of those ceo's, in addition to others o'clock will head up to capitol hill to meet with republican leaders on the same topic. back to you in new york. >> gretchen: all right. thanks so much for that update. now to your other top stories. new video out of syria showing rebels shooting down military helicopter. watch this. [ cheering ] we heard that chant before, that's ala akbar, as the chopper plunges to the ground in a ball of flames. it's reportedly the first time the rebels shot down a helicopter with a sur
Search Results 0 to 14 of about 15 (some duplicates have been removed)